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Israel’s Booming Economy: A Great Israel PR Success Story
So with all the negative headlines which surround Israel daily – from the threat of Iran to pressures from the Palestinians, one could easily overlook Israel’s booming economy. The amazing news is that in the past 10 years, Israel’s stock market produced better risk adjusted returns than than all other developed stock markets in the past decade. Yes, you read it right – the country under constant threat of war has the best performing stock market in the world after adjusting for volatility.
The Tel Aviv TA-25 returned 161 percent, including dividends, over the past 10 years – Could one imagine if Israel had civil, normal neighbors who wanted to live normal lives what sort of returns investors in Israel could have?
The Israeli economy has been shockingly healthy even during the worldwide economic crisis, and the country has succeeded with an amazing economy. The country’s been graded as one of the world’s five fastest growing emerging markets and there is so much positive which can be said about this beautiful Israel Public Relations success story.
Far too often the world’s media criticizes Israel for one reason or another – and it’s too far and few between that Israel gets celebrated by the outside world. When positive news or activities reach the outside world, Jews call it a Kiddush Hashem, which means bringing sanctification of the Name of our G-d. This article is a testament to the hard work of the holy Jews in Israel, it’s just a great PR story. The article’s bottom line: While Israel’s stock market ranks third with a 161% return for the past 10 years, Israel’s market comes out on top after adjusting for volatility.
Keep going.
Ronn Torossian is the CEO of 5WPR, a leading NY PR Firm, and author of PR Book “For Immediate Release.”